Financial markets around the world took another hammering on Monday as a rising tide of national coronavirus lockdowns threatened to overwhelm policymakers' frantic efforts to cushion what is likely to be a deep global recession.
SINGAPORE: Taxi drivers who have seen their incomes drop as a result of the COVID-19 outbreak may be employed temporarily as "transport ambassadors", Minister for Transport Khaw Boon Wan said on Monday (Mar 23). Speaking during a visit to the future Bright Hill MRT station, he said these ......
SHANGHAI: As people in China retreated indoors in late January to avoid the coronavirus, Alibaba's supermarket chain Freshippo faced a dilemma: online orders for fruit were soaring but supplies were low. To ease the crunch, Freshippo asked staff to rip up bulk fruit boxes, originally prepared as ...
Filipino teacher Raven Kate De Leon is in demand, spending up to 10 hours a day at her home computer surrounded by mini cars and stuffed toys that she uses as props to inject fun into her English classes for students far away in China.
Apple has dropped a two-device limit on online purchases of iPhones, a check of its web stores showed on Monday, just days after changing the checkout procedure amid a coronavirus pandemic.
Goldman Sachs said it expected global real gross domestic product to contract by about 1per cent in 2020, a sharper economic decline than in the year following the 2008 global financial crisis.
SINGAPORE: Singapore's main price gauge slipped into deflation for the first time in more than a decade in February, data showed on Monday (Mar 23). Prices fell 0.1 per cent from a year earlier, according to a joint release by the Monetary Authority of Singapore (MAS) and Ministry of Trade and ...
Hyundai Motor Group's heir apparent Euisun Chung bought shares in automaker Hyundai Motor and parts affiliate Hyundai Mobis for a combined 19 billion won (US$15 million), according to stock exchange filings.
Facebook Inc Chief Executive Mark Zuckerberg said on Sunday that the social media company has donated its emergency reserve of 720,000 masks to provide health workers with more protective gear.
Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for 15 billion euros (US$16.1 billion).
